$10,700,000

2947 GRANVILLE STREET

Vancouver, British Columbia V6H3J6

For sale
12956 sqft6480 sqft

5.1% CAP RATE ON ASKING PRICE. 54' x 120' lot improved with a well-maintained 12,956sf two-level building. Main floor features impressive 14' ceilings, creating a bright, open retail environment. This is definitely one of the premier showroom retail spaces in all of South Granville. Currently occupied by West Elm with lease expiry in July 2027. Current NOI is $550,000. The Building has been extensively renovated with major upgrades over the years to structure, electrical, plumbing, and HVAC systems. Super strong location along the vibrant South Granville corridor. Ideal holding property with future redevelopment potential. (id:58554)

Overview

Property TypeRetail
TransactionFor sale
MLSยฎC8079808

Building

Interior Size12956 sqft
Year Built1940

Land & Parking

Lot Size6480 sqft

Features & Amenities

FeaturesDisabled Access, Lane
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Listing Agent

Chris Tsoromocos

Personal Real Estate Corporation

๐Ÿ“ž (604) 725-4519

๐ŸŒ http://www.trgcommercial.com/

Brokerage

TRG Commercial Realty Ltd.

#101 - 1965 West 4th Avenue

Vancouver, British Columbia V6J1M8

๐Ÿ“ž (604) 629-6100

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